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Report
Wireless Power Transmission Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 149 Pages I IMARC Group
Market Overview:
The global wireless power transmission market size reached US$ 14.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 66.9 Billion by 2028, exhibiting a growth rate (CAGR) of 29.2% during 2023-2028.
Wireless power transmission (WPT) refers to the technology of transferring electrical energy from a power source to a device without using interconnecting wires. It primarily uses microwaves, solar cells and magnetic resonance to transfer the energy through a set of transmitter and receiver coils. This technology is commonly used for recharging mobile phones, tablets, cars, drones, transportation equipment and solar-panel arrays in space. It offers enhanced reliability, mobility and convenience while eliminating the use of wires and batteries. Owing to this, it finds extensive applications across various industries, including consumer electronics, automotive, robotics, heating and ventilation and industrial engineering.
Rapid industrialization, along with the increasing demand for consumer electronics across the globe, is one of the key factors driving the growth of the market. There is widespread adoption of WPT technologies among consumers as an effective alternative to wired charging systems for smartphones, laptops, portable MP3 players and digital cameras. This, along with the increasing utilization of the technology for operating robots and drones, is also providing a boost to the market growth. The market is further driven by the rising need for effective charging systems. For instance, electric vehicles (EVs) equipped with in-motion (dynamic) and inductive WPT charging systems can function on smaller batteries, thereby minimizing the overall cost of operation and carbon emissions into the environment. Other factors, such as the increasing requirement for efficient and reliable power distribution systems and the adoption of WPT-based smart grids, which have enhanced the utilization of WPT systems in smart meters, appliances and other equipment, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global wireless power transmission market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technology, implementation, receiver application and end-use industry.
Breakup by Type:
Devices With Battery
Devices Without Battery
Breakup by Technology:
Near-Field Technology
Inductive
Magnetic Resonance
Capacitive Coupling/Conductive
Far-Field Technology
Microwave/RF
Laser/Infrared
Breakup by Implementation:
Aftermarket
Integrated
Breakup by Receiver Application:
Smartphones
Tablets
Wearable Electronics
Notebooks
Electric Vehicles
Robots
Others
Breakup by End-Use Industry:
Consumer Electronics
Automotive
Healthcare
Defense
Power Generation
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Energous Corporation, Humavox Ltd., Integrated Device Technology Inc. (Renesas Electronics Corporation), Leggett & Platt, Murata Manufacturing Co. Ltd., NuCurrent Inc., MothersonOssia, Qualcomm Incorporated, Samsung Electronics, TDK Corporation, Texas Instruments, Wi-Charge Ltd., WiTricity Corporation, etc.
Key Questions Answered in This Report
1. What was the size of the global wireless power transmission market in 2022?
2. What is the expected growth rate of the global wireless power transmission market during 2023-2028?
3. What has been the impact of COVID-19 on the global wireless power transmission market?
4. What are the key factors driving the global wireless power transmission market?
5. What is the breakup of the global wireless power transmission market based on the type?
6. What is the breakup of the global wireless power transmission market based on the technology?
7. What is the breakup of the global wireless power transmission market based on implementation?
8. What is the breakup of the global wireless power transmission market based on the receiver application?
9. What is the breakup of the global wireless power transmission market based on the end-use industry?
10. What are the key regions in the global wireless power transmission market?
11. Who are the key players/companies in the global wireless power transmission market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wireless Power Transmission Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Devices with Battery
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Devices Without Battery
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Technology
7.1 Near-Field Technology
7.1.1 Market Trends
7.1.2 Major Types
7.1.2.1 Inductive
7.1.2.2 Magnetic Resonance
7.1.2.3 Capacitive Coupling/Conductive
7.1.3 Market Forecast
7.2 Far-Field Technology
7.2.1 Market Trends
7.2.2 Major Types
7.2.2.1 Microwave/RF
7.2.2.2 Laser/Infrared
7.2.3 Market Forecast
8 Market Breakup by Implementation
8.1 Aftermarket
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Integrated
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Receiver Application
9.1 Smartphones
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Tablets
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Wearable Electronics
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Notebooks
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Electric Vehicles
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Robots
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by End-Use Industry
10.1 Consumer Electronics
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Automotive
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Healthcare
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Defense
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Power Generation
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Others
10.6.1 Market Trends
10.6.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Indicators
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Energous Corporation
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.2 Humavox Ltd.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.3 Integrated Device Technology Inc. (Renesas Electronics Corporation)
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.4 Leggett & Platt
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Murata Manufacturing Co. Ltd.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 NuCurrent Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 MothersonOssia
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Qualcomm Incorporated
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Samsung Electronics
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 TDK Corporation
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Texas Instruments
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Wi-Charge Ltd.
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 WiTricity Corporation
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
Figure 1: Global: Wireless Power Transmission Market: Major Drivers and Challenges
Figure 2: Global: Wireless Power Transmission Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Wireless Power Transmission Market: Breakup by Type (in %), 2022
Figure 4: Global: Wireless Power Transmission Market: Breakup by Technology (in %), 2022
Figure 5: Global: Wireless Power Transmission Market: Breakup by Implementation (in %), 2022
Figure 6: Global: Wireless Power Transmission Market: Breakup by Receiver Application (in %), 2022
Figure 7: Global: Wireless Power Transmission Market: Breakup by End-Use Industry (in %), 2022
Figure 8: Global: Wireless Power Transmission Market: Breakup by Region (in %), 2022
Figure 9: Global: Wireless Power Transmission Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 10: Global: Wireless Power Transmission (Devices with Battery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Wireless Power Transmission (Devices with Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Wireless Power Transmission (Devices Without Battery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Wireless Power Transmission (Devices Without Battery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Wireless Power Transmission (Near-Field Technology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Wireless Power Transmission (Near-Field Technology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Wireless Power Transmission (Far-Field Technology) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Wireless Power Transmission (Far-Field Technology) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Wireless Power Transmission (Aftermarket) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Wireless Power Transmission (Aftermarket) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Wireless Power Transmission (Integrated) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Wireless Power Transmission (Integrated) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Wireless Power Transmission (Smartphones) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Wireless Power Transmission (Smartphones) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Wireless Power Transmission (Tablets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Wireless Power Transmission (Tablets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Wireless Power Transmission (Wearable Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Wireless Power Transmission (Wearable Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Wireless Power Transmission (Notebooks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Wireless Power Transmission (Notebooks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Wireless Power Transmission (Electric Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Wireless Power Transmission (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Wireless Power Transmission (Robots) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Wireless Power Transmission (Robots) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Wireless Power Transmission (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Wireless Power Transmission (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Wireless Power Transmission (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Wireless Power Transmission (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Wireless Power Transmission (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Wireless Power Transmission (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Wireless Power Transmission (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Wireless Power Transmission (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Wireless Power Transmission (Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Wireless Power Transmission (Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Wireless Power Transmission (Power Generation) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Wireless Power Transmission (Power Generation) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Global: Wireless Power Transmission (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Wireless Power Transmission (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: North America: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: North America: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: United States: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: United States: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Canada: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Canada: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Asia Pacific: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Asia Pacific: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: China: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: China: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Japan: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Japan: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: India: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: India: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: South Korea: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: South Korea: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Australia: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Australia: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Indonesia: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Indonesia: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Europe: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Europe: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Germany: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Germany: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: France: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: France: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: United Kingdom: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: United Kingdom: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Italy: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Italy: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Spain: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Spain: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Russia: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Russia: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Others: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Others: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Latin America: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 87: Latin America: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Brazil: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 89: Brazil: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 90: Mexico: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 91: Mexico: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 92: Others: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 93: Others: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 94: Middle East and Africa: Wireless Power Transmission Market: Sales Value (in Million US$), 2017 & 2022
Figure 95: Middle East and Africa: Wireless Power Transmission Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 96: Global: Wireless Power Transmission Industry: SWOT Analysis
Figure 97: Global: Wireless Power Transmission Industry: Value Chain Analysis
Figure 98: Global: Wireless Power Transmission Industry: Porters Five Forces Analysis
Table 1: Global: Wireless Power Transmission Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Wireless Power Transmission Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Wireless Power Transmission Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Wireless Power Transmission Market Forecast: Breakup by Implementation (in Million US$), 2023-2028
Table 5: Global: Wireless Power Transmission Market Forecast: Breakup by Receiver Application (in Million US$), 2023-2028
Table 6: Global: Wireless Power Transmission Market Forecast: Breakup by End-Use Industry (in Million US$), 2023-2028
Table 7: Global: Wireless Power Transmission Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Wireless Power Transmission Market Structure
Table 9: Global: Wireless Power Transmission Market: Key Players
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